The UAE is set to launch a new  Dirham-backed stablecoin , jointly announced by IHC, ADQ, and First Abu Dhabi Bank (FAB). Fully regulated by the Central Bank of the UAE and issued by FAB (pending approval), the stablecoin aims to revolutionize digital payments and boost the UAE's position as a global fintech leader . Backed 1:1 by Dirhams and built on ADI blockchain technology , developed in the UAE. Designed for secure, scalable, and efficient payments across consumers, businesses, and even AI or machine-to-machine systems. The initiative supports global blockchain adoption and inclusive digital transformation , with ADI already partnered with over 20 governments.It is expected to drive innovation in finance, commerce, and trade , strengthening the UAE's digital infrastructure and economic growth.             (ICE DUBAI)

Fonte notizia: https://www.arabianbusiness.com/industries/banking-finance/uae-to-launch-dirham-backed-stablecoin?ut